Pine Labs CEO net worth may soar to ₹1,000 cr after IPO

As fintech major Pine Labs gears up for its initial public offering (IPO), its Draft Red Herring Prospectus has highlighted its top executives' pay and stock options, including those of Chief Executive Officer (CEO) Amrish Rau.

- AJINKYA KAWALE

Rau's net worth is estimated at ₹850 crore-₹1,000 crore following the IPO. The company was valued at $5 billion when it last raised capital—in 2022.

Rau holds 2.35 per cent in the company, translating into 17.76 million shares, with him holding 24.96 million on a fully diluted basis.

He is also offloading up to 3.2 million equity shares in the offer for sale (OFS), according to the DRHP.

Previous grants enabled Rau to vest 7.19 million employee stock options (Esops).